Sentences with phrase «largest claims payout»

«Last year was the third largest claims payout year in NFIP's history, costing more than $ 4 billion.

Not exact matches

This costs more in the beginning but provides a much larger payout when people need to file a claim.

If your arrears are larger than your potential payout you're unlikely to get the money, but you'll still have to pay the claims handler fee.

Large commercial funders invest a minimum of $ 2 million per case, and aren't interested in claims with an expected payout below $ 25 million unless they're part of a portfolio.

If a company has had a large profit for a certain category of drivers because of few claim payouts, they can offer lower rates to those motorists, increasing the number of policies sold and consequently increasing profit.

Due in large part to the company's strong and stable financial footing, as well as its payout of policyholder claims, SBLI has earned high ratings from the insurance company rating agencies.

By finding individuals that possess certain characteristics, providers can lessen the chance of having claims submitted and needed to provide a larger amount of payouts.

Insurance companies are required to keep this large cash reserve base in case death claim payouts are much higher than expected over a given time period, due to a large scale disaster or poor underwriting for instance.

If you are buying one of these plans, you should expect to pay higher premiums, but you also will be given a larger payout should you ever submit a claim.

Another limitation exists in situations where claims are not large enough to warrant payout because the loss does not exceed the elected deductible for that part of the policy.

Some options like replacement cost protection are going to pay higher payouts when you submit claims, but will also come with slightly larger premiums.

Replacement cost protection is one of the most popular types of renters insurance in that it provides larger payouts for customers that submit claims.

While many other brokerage firms claim to offer 100 % commission, these offers are most often a thinly veiled ploy for quick payouts riddled with hidden fees, slowly eating away a large chunk of your commission.